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New Business Formation

New Business Formation

Thinking of owning your own business?

Opening your own business is exciting and thrilling. It's everything that comes after the excitement and
thrill has worn off that dictates whether a small business will make it or not. It's up to you to maintain and stretch
out the "thrill and excitement" period forever.

A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a
successful business. Success lies in the approach you choose to take. We help you avoid the common pitfalls that many
new small business owners make when starting their new venture.

We help you...

Prepare an initial business plan to clarify your marketing, management, and financial
plans.

Determine your start-up capital needs.

Identify sources of start-up capital and backup sources if needed.

Evaluate and quantify your borrowing power so you know how much money you can get your hands on if
needed.

Select a business structure that best fits your needs by evaluating tax advantages, legal exposure,
ease of operation and portability should you need to relocate.

Select the right accounting software by evaluating your budget, needs and
hardware.

Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive
each month for the first few years. Unplanned cash requirements are always emotionally painful.